Dogecoin Rallies As Price Breaks Major Resistance; Here Is Why $0.15 Is Possible

DOGE’s price holds above $0.08 as the price gears for a rally to a possible high of $0.15. DOGE’s price remains strong as bulls reclaim $0.088 despite uncertainty in the market traders and investors remain cautious.  DOGE’s price bounces from a low of $0.07 on the daily timeframe as the price reclaims $0.088 as price trades above the 50 Exponential Moving Average (EMA) In recent weeks, the price of Dogecoin (DOGE) has been a standout performer rallying with over 150% profit and creating more euphoria about how the bull run…

BTC to outperform ‘most major assets’ in H2 2022 — Bloomberg analyst

Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, stated October has historically been the best month for Bitcoin (BTC) since 2014, averaging gains of about 20% for the month, and that commodities appearing to peak could imply that Bitcoin has reached its bottom. In an Oct. 5 Bloomberg Crypto Outlook report, McGlone says while the rise of interest rates globally is putting downwards pressure on most assets, Bitcoin is gaining the upper hand when compared with commodities and tech stocks like Tesla, with the report noting: “When the ebbing economic tide…

Compound Prepares For A Major Rally To $80, Here Is Why

The price of COMP remains above the daily 50 EMA as it approaches $80. Price remains bullish, holding above key support areas COMP price ranges in an asymmetric triangle with high buy orders. The Compound (COMP) token price has recently been volatile as price ranges in an asymmetric triangle prepare for a breakout to a region of $80 against tether (USDT). Despite the fact that the crypto market is in a state of flux, the Compound (COMP) price has shown tremendous strength as it attempts to break out of its…

Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22-29

Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus on “digitally enabled misconducts” and to protect investors “from harms posed by crypto-assets.” Given the ASIC’s history of anti-crypto sentiments, such an announcement could be perceived as hostile, but at least it contains a promise to implement some regulatory framework that is still absent.  And, it is hardly a coincidence that the announcement came only days after Australia’s…

Privacy Protocol Monero Is Getting a Major Upgrade

Monero, the popular privacy-focused cryptocurrency protocol, is preparing for a major network upgrade this weekend (targeted for Saturday, August 13). Monero, whose native token is monero (XMR), is an open-source project that launched in 2014 as “Bitmonero.” It claims XMR is a secure, private and untraceable cryptocurrency that keeps financial transactions confidential. Author: Frederick Munawa Source link

Ethereum Regains Strength But $3K Is Still A Major Hurdle

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Ethereum started a steady recovery wave above the $2,900 resistance. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,980 and $3,000 resistance levels to continue higher. Ethereum Price Starts Recovery Ethereum…

Socios signs up Major League Soccer — but it’s not a token effort yet

Fan token platform Socios has partnered with 26 Major League Soccer (MLS) teams to offer fan engagement experiences and rewards, but so far no fan tokens have been announced. The biggest pro soccer league in the U.S. made a joint announcement with Socios on Wednesday detailing that the partnership will help fans gain access to “exclusive rewards, polls, and opportunities” for the 26 partnered MLS clubs. Welcome to https://t.co/2FROhSNgw8, @MLS. pic.twitter.com/340He1OzQA — Socios.com (@socios) May 4, 2022 Although the announcement did not mention any specific fan engagement events, it stated…